LONDON--(BUSINESS WIRE)--Technavio has been monitoring the dry-cleaning and laundry services market and it is poised to grow by USD 13.75 billion during 2019-2023, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Introduction of smart-laundry technology has been instrumental in driving the growth of the market. However, challenges with high capital investments might hamper market growth. Request a free sample report
Dry-cleaning and Laundry Services Market 2019-2023: Segmentation
Dry-cleaning and Laundry Services Market is segmented as below:
End-User
- Commercial
- Residential
- Coin-operated
Geographic segmentation
- APAC
- Europe
- South America
- MEA
- North America
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Dry-cleaning and Laundry Services Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our dry-cleaning and laundry services market report covers the following areas:
- Dry-cleaning and Laundry Services Market size
- Dry-cleaning and Laundry Services Market trends
- Dry-cleaning and Laundry Services Market industry analysis
This study identifies increasing penetration of smartphones as one of the prime reasons driving the dry-cleaning and laundry services market growth during the next few years.
Dry-cleaning and Laundry Services Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the dry-cleaning and laundry services market, including some of the vendors such as CSC ServiceWorks, EVI Industries Inc., Huntington Cleaners & Shirt Laundry, Mulberrys LLC, Procter & Gamble Co. and Zipjet Ltd. Backed with competitive intelligence and benchmarking, our research reports on the dry-cleaning and laundry services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Dry-cleaning and Laundry Services Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist dry-cleaning and laundry services market growth during the next five years
- Estimation of the dry-cleaning and laundry services market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the dry-cleaning and laundry services market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of dry-cleaning and laundry services market vendors
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.